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These days, finding an affordable place to live in the Georgetown area can be challenging. Home prices in Georgetown are now at a median cost of $247,618, lower than the Tennessee average of $315,131.
The average cost of rent is $975/mo in Georgetown, primarily driven by the current value of real estate in the Georgetown area. In Georgetown, 14.50% of households rent, and 55.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Georgetown is $6,123 per month. Households that rent pay about 15.92% of their income on rent here. Georgetown’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Birchwood, TN: higher priced homes
- Lamontville, TN: less expensive homes
- Charleston, TN: higher priced homes
- Goodfield, TN: less expensive homes
- Watt Heights, TN: equally priced homes
- Calhoun, TN: less expensive homes
- Sale Creek, TN: higher priced homes
- Sanford, TN: less expensive homes
- Dayton, TN: less expensive homes
- Riceville, TN: equally priced homes
Cities with Similar Populations
- Roslyn, NY: higher priced homes
- Anthony, FL: less expensive homes
- Riverwoods, IL: higher priced homes
- American Falls, ID: equally priced homes
- Bunker Hill Village, TX: higher priced homes
- Buchanan, GA: less expensive homes
- Beavercreek, OR: higher priced homes
- Albany, MN: higher priced homes
- Belleville, WI: higher priced homes
- Checotah, OK: less expensive homes
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